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LafargeHolcim to acquire Firestone Building Products

LafargeHolcim to acquire Firestone Building Products Written by Global Cement staff 12 January 2021 US: LafargeHolcim has signed an agreement to buy Firestone Building Products from Bridgestone Americas for US$3.4bn. The company said that the new subsidiary recorded estimated net sales of US$1.8bn and earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$270m. The group will finance the deal through cash and debt. It said that the acquisition is a milestone in its transformation to become the ‘global leader in innovative and sustainable building solutions.’ Chief Executive Officer Jan Jenisch said, “I am excited to be entering the highly attractive roofing business. With Firestone Building Products we are strengthening our biggest market, the US, while also building a global growth and innovation platform for the company. Today’s milestone is a strategic leap on our journey to become the glo

Bridgestone To Debut Virtual City of the Future, Showcase Mobility Solutions at CES 2021

Bridgestone To Debut Virtual City of the Future, Showcase Mobility Solutions at CES 2021 - Bridgestone will return to CES 2021, held virtually this year on Jan. 11-14, 2021. - Bridgestone World interactive virtual city will allow users to explore the company s advanced solutions and data-driven mobility services. - Live and on-demand showcases will examine how the company is using smart tire technology, advanced data analytics and new business models to put tires at the center of a more sustainable mobility system. News provided by Share this article Share this article NASHVILLE, Tenn., Jan. 11, 2021 /PRNewswire/  Bridgestone Corporation (Bridgestone), a global company focused on delivering sustainable mobility and advanced solutions to customers around the world, announced it will return to CES 2021, held virtually this year on Jan. 11-14, 2021. As part of the digital exhibition, the company will unveil

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